The demand for natural gas, the cheapest available energy option, is rising exponentially. The current domestic supply of gas is just over 150 mmscmdwhile the demand is around 225 mmscmd.
Tag: natural gas
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Low gas output hits supply
Consumers of natural gas from Reliance Industries’ D6 field are facing a pro-rata cut as production has declined to 50.5 mmscmd (million standard cubic meter per day) due to some technical problems in the KG-D6 block.
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Oil prices favor gas cos
The gap between the price of crude oil and natural gas will provide an impetus to a fast shift towards cheaper natural gas.
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Pipeline transport offers lower cost and higher capacities
The initiatives in the nation’s new bid to use gas as a more environmentally acceptable alternative to oil is influencing piping contractors.
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Reliance gas from KGD6 to touch 60 mmscmd
Reliance Industries will regain its 60 million standard cu m per day of natural gas output level from its KG-D6 fields on the eastern offshore by April.